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BYTES TECHNOLOGY GROUP PLC - TR-1: Standard form for notification of major holdings

Release Date: 12/02/2021 14:00
Code(s): BYI     PDF:  
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TR-1: Standard form for notification of major holdings

Bytes Technology Group plc
(Incorporated in the England & Wales)
(Registered number: 12935776)
LEI: 213800LA4DZLFBAC9O33
Share code: BYI
ISIN: GB00BMH18Q19
("Bytes Technology Group plc" or “the Company”)

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)

1a. Identity of the issuer or the underlying issuer of           BYTES TECHNOLOGY GROUP PLC
    existing shares to which voting rights are attached

1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
    Non-UK issuer

2.  Reason for the notification (please mark the appropriate box or boxes with an “X”)

    An acquisition or disposal of voting rights                                                                             X
    An acquisition or disposal of financial instruments
    An event changing the breakdown of voting rights
    Other (please specify)

3. Details of person subject to the notification obligation
   Name                                                           CORONATION ASSET MANAGEMENT (PTY) LTD
                                                                  acting as discretionary investment manager on behalf of
                                                                  managed portfolios
   City and country of registered office (if applicable)          CAPE TOWN, SOUTH AFRICA

4. Full name of shareholder(s) (if different from 3.)
   Name
   City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reached             10-02-2021
 
6. Date on which issuer notified (DD/MM/YYYY)                     12-02-2021

7. Total positions of person(s) subject to the notification obligation

                           % of voting rights        % of voting rights          Total of both in %     Total number of
                           attached to shares        through financial           (8.A + 8.B)            voting rights of
                           (total of 8. A)           instruments                                        issuer
                                                     (total of 8.B 1 + 8.B 2)
                                                                                                           
   Resulting situation      4.95                                                  4.95                  239 482 333
   on the date on which
   threshold was
   crossed or reached
   Position of previous     5.94                                                  5.94
   notification (if
   applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

   A: Voting rights attached to shares
   Class/type of             Number of voting rights                          % of voting rights
   shares
   ISIN code (if possible)   Direct                  Indirect                 Direct                         Indirect
                             (Art 9 of Directive     (Art 10 of Directive     (Art 9 of Directive            (Art 10 of Directive
                             2004/109/EC) (DTR5.1)   2004/109/EC)             2004/109/EC) (DTR5.1)          2004/109/EC)
                                                     (DTR5.2.1)                                              (DTR5.2.1)

   GB00BDCXV269              11 854 462                                       4.95                           -

   SUBTOTAL 8. A             11 854 462                                                             4.95

   B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

   Type of financial      Expiration     Exercise/                       Number of voting rights          % of voting rights
   instrument             date           Conversion Period               that may be acquired if
                                                                         the instrument is
                                                                         exercised/converted

                                         SUBTOTAL 8. B 1

   B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
   (DTR5.3.1.1 (b))
   Type of financial   Expiration       Exercise/      Physical or         Number of         % of voting rights
   instrument          date             Conversion     cash                voting rights
                                        Period         settlement

                                                       SUBTOTAL
                                                       8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the
   applicable box with an “X”)
   Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
   control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer

   Full chain of controlled undertakings through which the voting rights and/or the                                               X
   financial instruments are effectively held starting with the ultimate controlling natural person or legal entity

                                                                                                                         
   Name                                 % of voting rights if it   % of voting rights         Total of both if it
                                        equals or is higher        through financial          equals or is higher
                                        than the notifiable        instruments if it equals   than the
                                        threshold                  or is higher than the      notifiable threshold
                                                                   notifiable threshold
   Coronation Fund Managers Ltd

   Coronation Investment
   Management SA (Pty) Ltd
   Coronation Asset Management          4.95                                                  4.95
   (Pty) Ltd


10. In case of proxy voting, please identify

    Name of the proxy holder
    The number and % of voting rights held
    The date until which the voting rights will be held

11. Additional information

    Place of completion         CAPE TOWN, SOUTH AFRICA
    Date of completion          12 FEBRUARY 2021

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing
on the Johannesburg Stock Exchange.

12 February 2021

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                                                        

Date: 12-02-2021 02:00:00
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